MOL and Slovnaft agree on fee for using the Adria pipeline

Hungarian company MOL and Slovak refinery Slovnaft have agreed with JANAF on a fee for using the Adria pipeline, which plays an important role in securing alternative oil supplies for Central and Eastern Europe. The Hungarian MOL Group announced the agreement. The contract is for one year only, and MOL says the price of transporting oil is relatively high.

However, the companies had no choice but to accept JANAF’s offer. In line with sanctions against Russia, Slovnaft needs to produce diesel, petrol and other products from alternative, non-Russian oil. The only way to transport alternative oil to Slovakia is via the Adria pipeline and the port of Omišalj, both operated by JANAF.

Slovnaft began using the Adria pipeline more actively in February this year, when sanctions on exports of products made from Russian oil came into force. However, Slovnaft and MOL believe the current agreement does not provide a lasting and competitive basis for supplies to Slovakia via the Adria pipeline.